The DXY is on very important zone and it is consolidating around the support line in Falling wedge formation. This is a very powerful pattern and also a bad for Crypto. Meaning that the value of USD increases and it pushes the price of crypto down.
We have very similar pattern which broke last year around march and be sure that everyone saw it already.
Be careful with crypto in near future!
Trade with risk management!
We have very similar pattern which broke last year around march and be sure that everyone saw it already.
Be careful with crypto in near future!
Trade with risk management!
Comment:
DXY confirms the upper channel. What is next?
Comment:
FactsL
1. DXY show some sign of action on the upside.
2. BTC at 50k
My strategy
1. Follow 80/20 rule for now. 80% is my cash position and 20 my asset allocation.
1. DXY show some sign of action on the upside.
2. BTC at 50k
My strategy
1. Follow 80/20 rule for now. 80% is my cash position and 20 my asset allocation.
Comment:
Comment:
We have confirmed break on daily chart! Nothing good in the next months for Crypto